"Contrato De Sociedad Colectiva
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Page 2 of 12 Place of Business The principal office of the business of the Partnership will be located at 4905Lone tree or such other place as the Partners may from time to time designate. Capital Contributions Each of the Partners has contributed to the capital of the Partnership, in cash or property in agreed upon value, as follows (the "Capital Contribution"): Partner Elizabeth Joly Francois Joly Doroteo "Ted" Briseno Bryan Amyot 7. Contribution Description $10,000.00 $10,000.00 $10,000.00 $1,000.00Agreed Value $10,000.00 USD $10,000.00 USD $10,000.00 USD $1,000.00 USD
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The Partners will contribute their respective Capital Contributions fully and on time according to the following schedule: Partner Elizabeth Joly Contribution Schedule Description All contributions will be submitted no later than midnight February 6, 2013 All contributions will be submitted no later than midnightFebruary 6, 2013 All contributions will be submitted no later than midnight February 6, 2013 All contributions will be submitted no later than midnight February 6, 2013
Francois Joly
Doroteo "Ted" Briseno
Bryan Amyot
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Withdrawal of Capital No Partner will withdraw any portion of their Capital Contribution without the express written consent of the remaining Partners. AdditionalCapital Capital Contributions may be amended from time to time, according to the requirements of the Partnership provided that the interests of the Partners are not affected, except with the unanimous consent of the Partners. No Partner will be required to make Additional Capital Contributions. Whenever additional capital is determined to be required and an individual Partner is unwilling or unableto meet the additional contribution requirement within a reasonable period, as required by Partnership business obligations, remaining Partners may contribute in proportion to their existing Capital Contributions to resolve the amount in default. In such case the allocation of profits or losses among all the Partners will be adjusted to reflect the aggregate change in Capital Contributions by the9.
Page 3 of 12 Partners. 10. Any advance of money to the Partnership by any Partner in excess of the amounts provided for in this Agreement or subsequently agreed to as Additional Capital Contribution will be deemed a debt due from the Partnership and not an increase in Capital Contribution of the Partner. This liability will be repaid with interest at rates and times to be determined by...
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